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Zuckerberg Electronics sells computers and provides maintenance services. On April 1, 2020, Zuckerberg sold a bundle containing a computer and one year of unlimited maintenance
Zuckerberg Electronics sells computers and provides maintenance services. On April 1, 2020, Zuckerberg sold a bundle containing a computer and one year of unlimited maintenance service for $960 cash. If sold separately, the computer sells for $600 and the one-year unlimited maintenance service sells for $600. Zuckerberg's fiscal year end is April 30, 2020. How much total revenue should Zuckerberg report in its income statement for the year ended April 30, 2020 related to this contract? $480 $600 $520 $650
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